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136 Commonwealth Rd, Wayland, MA, 01778

5beds
2baths
3,300sqft
$1,194,000
$362price/sqft
$8,478/moest. monthly cost
$339,120/yrincome needed

About This Home

OPEN HOUSE SATURDAY MAY 16, 12:15 TO 1:30 PM * Presenting 136 Commonwealth Road, Wayland, Massachusetts — a rare opportunity to own a fully renovated multi-family residence in one of Wayland’s most desirable locations. This exceptional property combines timeless charm with modern updates, offering over 3,000 sq. ft. of living space on a generous ½-acre lot. The home features two spacious units, each thoughtfully designed with light-filled interiors and contemporary finishes. With two full bathrooms and tenants-at-will in place, this income-generating property is ideal for investors or owner-occupants seeking flexibility and value. Enjoy the convenience of a prime location just steps from Starbucks, Walgreens, grocery stores, banks, and restaurants, and minutes from Route 9, the Mass Pike, and the premier shopping and dining at Natick Collection. This is a truly unique opportunity to own a modernized multi-family home in an exceptional Wayland setting.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

8/10
Happy Hollow SchoolGrades K-51.5 mi
9/10
Wayland Middle SchoolGrades 6-80.5 mi
10/10
Wayland High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1849

Materials

  • Foundation: Other
  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Side by Side

Interior

Appliances

  • Appliances included: Range,Microwave,Refrigerator,Freezer

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 3,300

Interior Area

  • Total structure area: 3,300
  • Total interior livable area: 3,300 sqft

Property

Details

  • Parcel number: 864074
  • Zoning: R20

Features

  • Patio & porch: Porch
  • Exterior features: Rain Gutters,Professional Landscaping
  • Waterfront features: Lake/Pond,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 0.50 Acres
  • Features: Level

Parking

  • Total spaces: 4
  • Parking features: Shared Driveway,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,037$72,444
Home Insurance *$254$3,048
Property Taxes $1,537$18,444
Electricity $650$7,808
Total$8,478$101,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$290,674/yr
40% on housing$254,340/yr
45% on housing$226,080/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$362This listing

vs Other Active Listings

Avg $/sqft

ZIP 01778$431
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 01778$431
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Price change$1,199,000
2026-04-09Price change$1,299,000
2025-11-19Listed for sale$1,450,000

For Sale by Agent

AgentJohn McHugh Real Estate Group
BrokerageColdwell Banker Realty - Wellesley

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